The Business Times, 11 May 1998

Microfilm: NL21186
Total Pages: 36
1 36 The Business Times
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  • Title Section
    Masthead
    14 1 THE BUSINESS TIMES MITA(P) IHV 12^97 85C SINGAPORE Internet: http://www.asial.com.sg/biztimes MONDAY, MAY 11, 1998
    14 words
  • Article
    MARKET SUMMARY
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  • Article
    FINANCE
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  • Article, Illustration
    Lock icon GIC in talks to buy into Azman's banking flagship
    857 1  -  Sources: It may pay RM6OOm-RMBOOm for opto 15% of AMXB Holdings From R Ruth Wong, Meera Tharmaratnam tn Kuala Lumpur THE Government of Singapore Investment Corporation (GIC) is negotiating with Malaysian conglomerate ArabMalaysian Corporation Bhd (Amcorp) to buy up to a
    Compiled by BT  -  857 words
  • Article, Illustration
    S'pore can become premier financial centre: BG Lee
    842 1  -  But financial sector lucky if it can get any growth this year Fromi Conrad Raj in Phoenix„ Arizona SINGAPORE'S chances of becoming the premier financial centre in the face of competition from places like Hongkong and Sydney are good, although the government
    842 words
  • Article
    Lock icon US mergers giving Wall Street a run for its money
    352 1 Bloomberg [NEW YORK] The quickening pace of US mergers and acquisitions is emerging as a powerful force in buttressing the long-running Wall Street bull market despite fears of higher interest rates and an earnings slowdown. "I would bet you there're
    Bloomberg  -  352 words
  • Article
    Shaky Asian markets heighten fears that the worst is yet to come
    900 1  -  Two influential bodies paint bearish picture From, Anthony Rowley in Tokyo RENEWED falls in East Asian stockmarkets last week have triggered deep fears in influential quarters that the regional financial and economic crisis is Car from over and
    900 words
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      137 1 Mat tfais year After a decade of over 8 per cent average economic growth, Malaysia expects a sharp slowdown, largely due to the regional financial crisis that erupted last July, F*t II i H 'J Novell Singapore last week launched I Zeo. works. Zen. works or Zero Bflbrt Networks, is
      137 words
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      Page 1 Advertisements Column 2
      16 1 Is Buffett cashing in his zero-coupon bonds? Pg 11 S*pore and regional markets outlook, Pg 18
      16 words
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      93 1 ML \r t J 7 WL Mfri SL v i 1 f tJk v Mft«l- k V VI I Apv i v; V-JBB. \*J" r p -*JB J| v j KEUTKM [MANILA] The die is cast Filipinos go to the polls today. Their choice could be front runner Joseph Estrada
      93 words
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  • MARKETS IN TURMOIL
    • Article
      Tokyo talks see progress in resolving Indon debt
      612 2  -  But further talks planned for end-May to tackle corporate debt issues From. Anthony Rowley in Tokyo THREE days of talks in Tokyo aimed at resolving Indonesia's huge private debt to foreign banks ended yesterday with a claim that "substantial progress" had been
      612 words
    • Article
      Lock icon Jakarta backs down from plywood quota plan
      381 2 Bloomberg [TOKYO] Indonesia backed down from a plan to control plywood exports that likely would have brought the government back into conflict with the International Monetary Fund, jeopardising its US$4O billion (5564.7 billion) international bailout package. "We are now working closely with forestry
      Bloomberg  -  381 words
    • Article
      Lock icon Thailand's PTT oil unit set to double foreign limit to 40%
      430 2 'Patriots'nrgsite buy into state-owned Rjmgrhak Putmlftnnt AFP [BANGKOK] Thailand's petroleum industry is set to undergo further privatisation following a decision by shareholders at Petroleum Authority of Thailand Exploration and Production pic (PTTEP) to double foreign ownership, a report said
      AFP  -  430 words
    • Article
      Lock icon KL expects budget deficit this year
      470 2 Anwar: ITsia unable to sustain surplus budget due to turmoil Reuters, AFP [KUALA LUMPUR] Malaysian Deputy Prime Minister Anwar Ibrahim said yesterday the regional economic turmoil that has slowed down the economy will also send the country's budget into deficit this year. "While we
      Reuters,; AFP  -  470 words
    • Article, Illustration
      Lock icon Korea to exit IMF regime next year: Kim
      368 2 Reuters [SEOUL] South Korean President Kim Dae Jung yesterday predicted that the country would graduate from an International Monetary Fund programme late next year and urged financial and corporate sector reforms to be speeded up. Mr Kim told a televised local meeting
      Reuters; REUTERS  -  368 words
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      94 words
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      159 3 li 'ia&A*{ 4 V A. (J; r .y'J" "i '"PP ;<.. .i.■ jgfr" 4ft ,>%;• r- «lw 11 '-Wi JtatatfriHl Today, Motorola says you're cleared for takeoff. Wasn't it just yesterday they said man would never fly? Today, Motorola gives you Wings. And sets you free. With some of the
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  • REGION
    • Article, Illustration
      Lock icon Estrada looks set to win today's presidential polls
      690 4  -  PBXZJPPDIB ELECTIONS Ex-movie star widens lead in opinion polls over closest rivals From Al Labita m Manila AS CAMPAIGNING for nationwide polls wound down on Saturday, Vice-President Joseph "Erap" Estrada inarched to what appeared to be an inevitable date with destiny in
      REUTERS  -  690 words
    • Article
      Lock icon Indonesia faces more protests as ordinary folks join students
      503 4 JOGJAKARTA Growing numbers clamouring for Suharto to resign AFP, Reuters INDONESIA yesterday braced itself for another week of protests as growing numbers of ordinary people swelled student demonstration ranks, lending their voices to a clamour for President Suharto to resign. Hundreds
      AFP,; Reuters  -  503 words
    • Article
      Lock icon Auckland hit by another blackout
      170 4 AUCKLAND, AFP A THIRD of the central business district in New Zealand's biggest city was blacked out yet again yesterday after a power cable failed and burst into flames. Auckland's centre had only recently returned to normal after weeks without regular electricity when the city's
      AFP  -  170 words
    • Article
      Lock icon Rally urges HK govt to protect investors
      156 4 HONGKONG AFP SOME 100 people marched through Hongkong's central district yesterday, urging the government to protect individual investors following the collapse of several small stockbroking firms. The protesters, shouting slogans and carrying banners, marched to the office of Chief Executive Tung Cheehwa. The
      AFP  -  156 words
    • Article, Illustration
      Lock icon Airport affected as burst pipe adds to KL water woes
      314 4 KUALA LUMPUR Reuters A BURST pipe plunged Malaysia's water-short capital into fresh crisis over the weekend as taps ran dry at the city's international airport and in the homes of a million people. At Kuala Lumpur's Sultan Abdul Aziz Shah
      Reuters; REUTERS  -  314 words
    • Article
      Impact of Asian crisis to take centrestage
      429 4  -  PREVIEW OF AUSTRALIA* BUDGET A 1998-99 surplus of less than As2b will disappoint markets From Russell Baker in Sydney WHEN Federal Treasurer Peter Costello makes his budget speech tomorrow night, the attention will be on what damage the Asian crisis has done to
      429 words
    • Article
      Lock icon Chinese banks to channel 100b yuan into mortgages
      279 4 BEIJING AFP CHINA'S commercial banks will channel 100 billion yuan (5519.4 billion) into mortgages this year in a bid to kick start massive housing reforms, the China Daily reported on Saturday. The sum, up 72 billion yuan on the total offered in
      AFP  -  279 words
    • Article
      Lock icon China to establish two petrochemical giants: report
      346 4 BEIJING Reuters China's petrochemical industry, struggling to stay viable in the face of mounting competition, is establishing two petrochemical giants, the China Daily Business Weekly said yesterday. "The establishment of two gigantic petrochemical companies is under way," the newspaper quoted Yan Sanzhong, deputy
      Reuters  -  346 words
    • Article
      Lock icon Chinese leaders attack anti-reform, hardline Marxists
      338 4 BEIJING, Communists mark 20th anniversary of power straggle Reuters CHINA'S Communist rulers are using the anniversary of the first salvo fired in a power struggle two decades ago to attack hardline Marxists opposed to market-oriented economic changes, political analysts said. China today marks the
      Reuters  -  338 words
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  • THE WORLD
    • Article, Illustration
      Lock icon G-7 finance ministers give up Japan-bashing
      762 5 LONDON Tokyo's l&Ttyen stimulus package gets wide support Bloomberg FINANCE ministers of the Group of Seven (G-7) industrialised nations may have concluded that any further Ja-pan-bashing at their weekend meeting would be counterproductive, analysts said. "Strong words would only have raised fears of even
      Bloomberg; AFP  -  762 words
    • Article
      Lock icon LDP's Yamasaki cautious on permanent tax cut
      345 5 TOKYO Policy head says he wants overall tax system revised Reuters THE policy head of Japan's ruling Liberal Democratic Party, Taku Yamasaki, said yesterday he would like to be cautious over considering a large, permanent cut in income tax. Speaking on a national
      Reuters  -  345 words
    • Article
      Lock icon Camdessus urges close coordination on euro
      547 5 LONDON His remarks on IMF reforms foil to appease US critics Bloomberg INTERNATIONAL Monetary Fund managing director Michel Camdessus has urged the US, Japan and the 11 members of the European Union that have agreed to merge their currencies into the euro to coordinate
      Bloomberg  -  547 words
    • Article
      Lock icon Gingrich wants to use half of expected surplus for tax relief
      325 5 U WASHINGTON LAT-WP REACTING to last week's dazzling new forecasts of an ever-growing US federal budget surplus, House Speaker Newt Gingrich has proposed using half of all future surpluses for tax relief, beginning with a tax cut of US$7O
      LAT-WP  -  325 words
    • Article
      Lock icon Asian crisis shows need for reform in ex-Soviet bloc: EBRD
      454 5 KIEV Continned budgetary rigour, tax reform vital, says report AFP THE Asian financial crisis has highlighted the need for urgent reform in the financial sectors of former Soviet bloc states, where high interest rates risk stifling nascent economic growth, according
      AFP  -  454 words
    • Article
      Lock icon CIS region most corrupt in the world: bank
      177 5 KIEV AFP THE CIS region of former Soviet states is widely seen as the most corrupt area in the world, but progress on market reforms and increased economic growth is improving the situation, senior European Bank for Reconstruction and Development (EBRB) officials
      AFP  -  177 words
    • Article, Illustration
      Lock icon Saving the oceans
      53 5 [LISBON! Visitors examine one of the exhibitions depicting the history and evolution of the Oceans at a pavilion at Lisbon's World Fair Elxpo9B during a rehearsal on Saturday. The Lisbon Expo9B, with 148 countries participating will open on May 21 and is dedicated to the oceans and
      REUTERS  -  53 words
    • Article
      Lock icon US firms battle for skilled workers
      391 5 WASHINGTON LAT-WP "NOW Hiring." The sign is up all over America. Businesses can't satisfy their voracious appetite for workers. You name it, they need it: long-haul truck drivers, hospital lab technicians, machinists and veteran writers in the Cobol programming language wooed out of retirement
      LAT-WP  -  391 words
    • Article
      Lock icon Middle East peace summit cancelled
      225 5 WASHINGTON AFP MIDDLE East peace talks scheduled here today have been cancelled because of "differences" between Israel, the Palestinians and the United States, the White House confirmed late Saturday "The president's invitation to (Israeli) Prime Minister Netanyahu and (Palestinian) chairman Arafat to initiate final status
      AFP  -  225 words
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  • BUSINESS IT
    • Article
      Cisco teams up with GTE to offer high-quality Net telephony
      363 6  -  Networking giant says it can achieve this with its technologies From Toh Han Shih in San Jose (California) CISCO Systems, the leading networking firm, has launched worldwide a set of technologies to allow telecommunications companies (telcos) offer high-quality Internet telephony.
      363 words
    • Article, Illustration
      IBM to spend $240m in Asia to push e-business
      529 6  -  Big Bine reorganises itself aronnd electronic business theme From Raju Chellam in Orlando, Florida INTERNATIONAL Business Machines Corp will spend US$75O million (Ssl.2 billion) globally this year to market and advertise that all its products and services have been Internet enabled.
      529 words
    • Article
      Lock icon More powerful mainframes unveiled
      186 6 Bloomberg [ARMONK, New York] International Business Machines Corp has unveiled mainframe computers with twice the performance of their predecessors, aiming to regain market share lost to rival Hitachi Ltd. The computers, used by airlines and insurance companies, use a new chip designed by IBM that it
      Bloomberg  -  186 words
    • Article, Illustration
      Novell's Zen.works comes to the region
      357 6  -  By] Kenneth James [SINGAPORE] Novell Singapore last week launched Zen.works, delivering on its long-awaited promise of enlightened non-effort for network administrators. Zen.works, or Zero Effort Networks, is the network software pioneer's solution for managing Windows-based networked PCs using its powerful Novell Directory Services (NDS).
      357 words
    • Article
      Lock icon Asian firms lack urgency infixing Y2K bug
      411 6 Reuters [SINGAPORE] Companies and individuals in Asia may be treating too lightly the approach of the millennium and its impending problems caused by a software glitch. Come Jan 1,2000, shortcuts taken by computer programmers in the 70s and 80s to save valuable computer
      Reuters  -  411 words
    • Article
      Lock icon Y2K new buzzword at the US Fed
      469 6 Reuters [NEW YORK] Y2K, the geeky acronym used to describe a computer bug that might wreak havoc on information systems at the turn of the century, is now an official part of US Federal Reserve policy makers' lexicon. As the issue gains popularity
      Reuters  -  469 words
    • Article, Illustration
      Compaq refreshes Deskpro line
      400 7  -  And in palmtops, a firm commitment to Windows CE By Kenneth Goh [SINGAPORE] Compaq Computer Corporation last week unveiled its new series of Deskpro business personal computers that capitalise on Intel's new technological gains and Compaq's own Optimised Distribution Model (ODM), which aims to lower costs
      400 words
    • Article
      Lock icon Novel Internet Mac could be Apple's next great product
      522 7 Los Angeles Times [CUPEßTlNO, California] Apple's new iMac computer, announced last Wednesday by interim CEO Steve Jobs, delivered what appears to be a credible bid to move new buyers and perhaps even some Windows users into the Apple camp. That's because,
      Los Angeles Times  -  522 words
    • IT TAKES
      • Article
        Book your cinema tickets on the Net
        74 7 [SINGAPORE} Golden Village cinema goers can now book tickets around the dock over the Internet Golden Abacus and technology partner Hewlett-Packard Singapore have launched what they claim is the world's first ftilly integrated cinema ticketing, reservations and management information system. The computerised <
        74 words
      • Article
        Internet Applicance gets new V-P of sales
        34 7 [SINGAPORE] Internet/ intranet technology provider Internet Appliance Inc has appointed Derek Foo as its vice-president of sales. Mr Foo was formerly the managing director of Novell Asean.
        34 words
      • Article
        New RS/6000 Unix products distributor
        36 7 [SINGAPORE] IBM Singapore has appointed Azure Technologies Pte Ltd its distributor for RS/6000 Unix products, including the RS/6000 SP which delivers five times the performance of chess master buster Deep Blue.
        36 words
      • Article
        Forum on Windows NT design solutions
        68 7 [SINGAPORE] Cadence Design Systems will hold a technology forum on its new mixed-platform approach for PC-based designers to design with the same complexity as Unix-based solutions at a fraction of the hardware coat. To be held on Friday, the following NT hardware will be
        68 words
      • Article
        SCSI Technology Seminar
        66 7 [SINGAPORE} For technology professionals and storage resellers, the SCSI Technology Seminar this Friday will demonstrate how to get the best performance out of hifh-end systems using Ultra 2 SCSI (LVD), and how to quickly transfer huge amounts of data while avoiding system I/O limitations. The free seminar
        66 words
      • Article
        Conference on virtual instrumentation
        72 7  -  Chin Jit Fong [SINGAPORE} NlDaye-Asia 98 will be held in spring, and the one-day Singapore session will be held on May 22. The session will feature presentations on virtual i instrumentation by expats including Joint organisers National Instruments and the Electrical Engineering Department of Ngee Ann
        72 words
    • Article, Illustration
      Lock icon Enter the iMac
      62 7 Apple Computer's Interim CEO, Steve Jobs, unveils a new computer called the iMac which is based on the PowerPC G3 processor and is marketed for the consumer last week in Cupertino, California. The iMac is a new translucent industrial enclosure design priced at U551,299 (552,078). Mr Jobs
      AFP picture  -  62 words
    • Article
      Lock icon Lucent adds advanced switching features to networking products
      421 7 Bloomberg [LAS VEGAS] Lucent Technologies Inc soon will add new switching features to a line of its computer networking equipment, adding key capabilities as it pushes into a market now dominated by Cisco Systems Inc. Lucent expects to ship so-called Layer-3 switching
      Bloomberg  -  421 words
    • Article
      Chip industry optimistic despite Asian turmoil
      447 7  -  It's set to expand at 18 per cent a year By( Chin Jit Fong [SINGAPORE] The global semiconductor industry is poised to expand at 18 per cent each year to reach between US$27O billion and US$32O billion in the year 2002, in spite of
      447 words
    • Article
      Nets, HP market Net credit card processing service
      245 7  -  By] Imelda Tham [SINGAPORE] Nets (Network for Electronic Transfers Singapore) and Hewlett-Packard Singapore are marketing a locally developed Internet "gateway" that financial institutions in the Asia-Pacific can use to process credit card transactions securely over the Internet. Known as Setfirst, this payment
      245 words
    • Article
      Lock icon Intel to set up centre in Beijing
      98 7 AFP [BEIJING] Intel, the world's largest computer chip manufacturer, will set up a US$5O miUion (SsBo million) research centre here within the first half of this year, company chairman Andrew Grove said last week. The Intel China Research Centre to be established in
      AFP  -  98 words
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      550 words
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  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
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      Page 8 Advertisements Column 2
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  • Page 8 Miscellaneous
    • Miscellaneous
      Page 8 Miscellaneous Column 1
      723 8 TVVRADIO witch Witch Trash. 240 Namak Halaal wmmmmm aoo Mind Your Body. 040 A Day With Hariharan 9JO AM Travel 840 Holiday Movie Special —Partll. Footloose In Palau (See III: Tank Girl. 040 Sirappu Kannotam Our Choice). 10.30 News 5 Tonight. 740 Mediterrania. 10.00 Holiday Special: Bomb- ILOO Friends The
      723 words
    • Miscellaneous
      Page 8 Miscellaneous Column 2
      254 8 CRYPTIC CROSSWORD ACROBB [i p —l R —l E —l g —I E —HHV —HB~ 1 Important question of the el- PV— der offspring? (SJS) 9 Famous Italian seen back in Florence (4) 11 Call for superior judgment (6) Reported to gun--15 Old master of the Exchange 1J L —JB!f_
      254 words
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  • COMPANIES & MARKETS
    • Article
      Volkswagen to move Asia-Pac HQ to S'pore
      550 9  -  Deutsche Bank also trims HE operations, shifting regional management here FromT Peter Seidlitz, David Murphy in Beijing GERMAN carmaker Volkswagen has decided to move its Asia-Pacific headquarters from Hongkong to Singapore, according to one of its directors, Robert Buechelhofer. The move is part
      550 words
    • Article
      Lock icon Telekom eyes remaining 70% Mobikom stake
      196 9 AFP [KUALA LUMPUR] Telekom Malaysia Bhd, which holds 30 per cent of cellular phone company Mobikom Sdn Bhd. is holding talks to acquire the remaining 70 per cent, a Telekom executive said on Saturday. The executive, who declined to be named, said the acquisition
      AFP  -  196 words
    • Article, Illustration
      HK property: whole new ballgame
      763 9  -  HAMO BBMO DTUOHT Gone are the days of astronomical climbs In prices, lons qneues, quick gains By Quak Hiang Whai UfTl ime to get real, guys," f I 1 screams the headline in I a recent report by I Morgan Stanley Dean JL. Witter. The
      763 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • Article
        Lock icon WorldCom's purchase of MCI: GTE to sue
        472 10 It cites Internet dominance, harm to US long-distance competition Bloomberg [WASHINGTON] GTE Corp is suing to block World Com Inc's proposed US$4l.B billion (5567.6 billion) purchase of MCI Communications Corp, claiming the acquisition will hurt long-distance competition and create a company with a
        Bloomberg  -  472 words
      • Article
        Lock icon Gopeng to develop landbank in Perak
        441 10 It will also expand palm oil plantations in bid to weather economic slowdown Bernama [IPOH] Gopeng Bhd will develop its landbank of more than 4,000 hectares in Perak into residential areas and expand palm oil plantations in efforts to weather the current economic slowdown.
        Bernama  -  441 words
      • Article
        Lock icon IJM expects steady profit
        131 10 Reuters [KUALA LUMPUR] Malaysian construction group IJM Corporation Bhd expects 1998 profit to be in line with the 1997 level, the company said in its annual report released on Friday. "Overall, we expect to be able to sustain earnings at current levels," IJM chairman Ahmad Azizuddin
        Reuters  -  131 words
      • Article
        Lock icon Indian mutual fund NAVs jump after portfolio restructuring
        377 10 Reuters [BOMBAY] Indian mutual funds posted sharp growth in their net asset values (NAVs) in the year to March 1998, thanks to extensive restructuring of their portfolios in which they have dumped junk shares that had previously weighed them down. A study
        Reuters  -  377 words
      • Article
        Lock icon Telekom Malaysia sees profit tailing again this year
        415 10 Slowing economy, high cost of foreign debt to hurt company Bloomberg [KUALA LUMPUR] Telekom Malaysia expects to report a drop in profit this year a second year of decline as the slowing economy and swelling foreign debt costs hurt the country's largest
        Bloomberg  -  415 words
      • Article, Illustration
        Lock icon Daimler in talks to buy Nissan's stake in truck-maker: report
        596 10 But top Nissan officials deny takeover talk AFP, Bloomberg, Reuters [TOKYO] Daimler-Benz AG is negotiating with Nissan Motor Co to buy the Japanese automaker's stake in its truckmaking affiliate, Nissan Diesel Motor Co, NHK TV news said yesterday, citing "sources
        AFP,; Bloomberg,; Reuters; REUTERS  -  596 words
      • Article
        Lock icon China's 3rd investment fund in debut
        108 10 AFP [SHANGHAI] China s third investment fund made a strong debut on the Shanghai stock exchange on Friday, trading at more than double its issue price on suspected institutional support, dealers said. Fund Xinghua opened at 2.01 yuan, almost double its issue price of
        AFP  -  108 words
      • Article
        Lock icon Young & Rubicam launches US$374m initial public offering
        329 10 Young Rubicam launches US$374m initial public offering Bloomberg [NEW YORK] Young Rubicam Inc, one of the nation's largest and best-known advertising and marketing companies, plans a US$374 million (*****.8 million) initial stock sale today that will seek to take advantage of growing demand for advertising services. The New York-based company
        Bloomberg  -  329 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Lock icon Is Buffett cashing in his US zero-coupon bonds?
        474 11 Huge sell orders on same Treasury issues that he owns sparks speculation NYT [NEW YORK] Is Warren Buffett selling part or all of his huge position in zero-coupon Treasury bonds? That is the question bond traders across Wall Street are asking, as
        NYT; FILE PHOTO  -  474 words
      • Article
        Lock icon Sumitomo likely to pay US$150m fine over illegal copper trades
        426 11 US authorities to announce agreement today, says source Bloomberg [WASHINGTON] The US Commodity Futures Trading Commission is likely to announce today that Sumitomo Corp has agreed to pay a record fine totalling US$l5O million (*****.6 million) to settle charges of
        Bloomberg  -  426 words
      • Article
        Lock icon Goldman Sachs to advise Fuji Bank on trust fund
        229 11 Bloomberg [TOKYO] Goldman Sachs Co will advise Fuji Bank on developing an investment trust fund that will invest in international equities, fixed income products and currencies, said a Goldman Sachs official in Tokyo. The move comes as Japan liberalises its financial
        Bloomberg  -  229 words
      • Article
        Lock icon UBS unit PDFM up for sale after culture clash: report
        338 11 Bloomberg [LONDON] Swiss Bank Corp has put PDFM, the asset management unit of merger partner Union Bank of Switzerland, up for sale after a "culture clash" with SBC's Chicago-based money managers, the UK Sunday Telegraph reported. ÜBS spokesman Gertrud Erismann
        Bloomberg  -  338 words
      • Article
        Lock icon US banks' profits fell to US$15b in Q1: research firm
        296 11 Figure based on earnings reported by 213 banks Bloomberg [CHARLOTTESVILLE, Virginia] US banks' profits fell to US$l5 billion (5524.3 billion) in the first quarter from US$l5.3 billion in the yearearlier period, according to an estimate by SNL Securities. The estimate
        Bloomberg  -  296 words
      • Article
        Lock icon BCCI creditors could get US$2b in 2nd payout
        206 11 Bloomberg [LONDON] Deloitte Touche, the liquidators of Bank of Credit Commerce International, said it will recommend to a Luxembourg court that creditors and depositors receive a second payment of about US$2 billion (553.2 billion). John Richards, a partner with the accounting firm,
        Bloomberg  -  206 words
      • Article
        Lock icon Dresdner Mexico boosts capital
        178 11 Bloomberg [MEXICO CITY] Shareholders of Dresdner Bank Mexico SA boosted the bank's capital by 47 per cent in a bid to increase its presence in Mexico's banking industry. The bank's capital was increased to 251.15 million pesos (5547.7 million) from 170.6 million pesos. This was to
        Bloomberg  -  178 words
      • Article, Illustration
        Untitled
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    • COMMODITIES & FUTURES
      • Article, Illustration
        Lock icon All eyes on interest rates
        563 12  -  Weeklyßoundup Fed tightening likely by July; Buba may raise repo in Q3 but Japan clearly en held Callum Henderson, MMS International This report does not constitute a solicitation to invest in any currency or Simex product. [SINGAPORE] Interest rate expectations, which for quite some time
        Source: Simex  -  563 words
      • Article, Illustration
        Lock icon Renewed fears of Asian instability depress copper market
        870 12 COMMODITY Weeklyßoundup AFP (LONDON] The copper market was last week beset by fresh fears of economic and financial instability across Asia after a week of violent protests in Indonesia and a slump in the value of the yen against the US dollar.
        AFP; Source: Bloomberg  -  870 words
    • Article
      COMMODITY PRICES
      1437 12 gCOMFUTUm roVMIITimRewSC U0,W> CiOM Mm 0»M MMUI Wgfc in Sett flWNt) MMWt 5 M 96 ***** Ml ta|tt 12X50 25B S«9 96 125-25 SB Ocv&K 96 ***** 4450 JanAtar99 04.00 900 A»r/Jw99 07JO 120 ->y .v RSS3C0NTIttT(USc«b/*) *MW Opw Hot* M>|ll Uw SKI (Www) hfrmt JM 96 77.00
      1,437 words
    • Article
      BT SHARE INFORMATION SERVICE
      4215 13 •tot MTU m NatStaal Mar 25 P M.813 ***** H4 17.1 Data TV LV TV IV Nat Kap Writ P 6.4861 ***** OH. 041 —i ir j mm <$■* (tmi (eta) (eta) Nat Broad 29c May 5 F 17.475 H089 10 >2.2 New Toys 25c Mar
      4,215 words
    • SINGAPORE WEEKLY MARKET OUTLOOK
      • Article, Illustration
        Lock icon Market outlook
        172 13 SES SINGAPORE stocks were battered last week in line with regional stocks and currencies on worries over Indonesia's escalating social tensions following the fuel price hikes announced last Monday. The Straits Times Industrials Index (STII) briefly dipped below the 1,400 support to close the week down 4.86 per
        Source: Bridge Info  -  172 words
      • Article, Illustration
        Lock icon Hong Leong Fin F
        103 13 WITH the political risk in Indonesia increasing, investors should have a view to hold for at least six months to a year. This is because fuel hikes are only the first of a series of austerity measures to be carried out by the Indonesian government. We
        Source: Bridge Info  -  103 words
      • Article, Illustration
        Lock icon Tan Chong Motors
        101 13 WE recommend Tan Chong Motors Holdings by virtue of its attractive valuations. It has NTA of around $1.20 with a price to earnings ratio of around 6 to 7 times. Although, earnings for FY96 are expected to see a significant drop, we believe that this has already
        Source: Bridge Info  -  101 words
      • Article
        Lock icon EXPLANATION OF TERMS
        263 13 Source: Analysed by Peter Coker, a director of Bridge Int'l Broking R*Uthre Strength Index RSI measures the rate at which prices move. As a rule, an RSI above 80 indicates an overbought condition while RSI below 20 indicates an oversold market. RSI is more effective in detecting
        Source: Analysed by Peter Coker, a director of Bridge Int'l Broking  -  263 words
    • MARKET REVIEWS
      • Article, Illustration
        Lock icon Wall Street headed for a slow correction, say analysts
        461 14 NEW YORK Bat stocks in some sectors, like finance and airlines, may still rise AFP, Bloomberg THE Chrysler merger'with Daimler-Benz gave a boost to share prices for both companies on Friday but couldn't buoy the broader market, which most analysts believe
        AFP,; Bloomberg; AFP  -  461 words
      • Article
        Lock icon Footsie slips on European rate hike fears
        369 14 LONDON AFP PREDICTIONS of a rise in interest rates across mainland Europe provoked a modest fall in London share prices last week. The FTSE-100 Index fell by 40.5 points, or 0.67 per cent, to 5,969.8 points. Since last Monday was a bank holiday,
        AFP  -  369 words
      • Article
        ASIAN MARKETS Roundup
        872 14 n Sydney -23.7 THE Australian bourse would be dominated this week by the federal budget, analysts said, and financial markets would continue to digest a pile of economic data released over recent weeks. The All Ordinaries Index ended the week down 23.7 points, or 0.8 per cent,
        872 words
      • Article
        WORLD STOCK MARKETS
        1619 14 Q Paris *28.44 THE benchmark CAC 40 Index fell 41.09 points, or one per cent, to 3,906.36 on Friday. It rose 0.66 per cent or 25.44 points in the week. French stocks fell as concern over a weak dollar and Asia's economic slowdown pushed down exporters, countering
        1,619 words
      • Article
        Lock icon Nikkei looks nervous ahead of G-8 summit
        389 14 TOKYO But brokers doubt 6-8 will do anything to lift the market Reuters TOKYO stocks are expected to move nervously ahead of the Group of Eight leaders' summit later this week and are not expected to recover sharply anytime soon, brokers said. While
        Reuters  -  389 words
      • Article
        Lock icon Regional troubles will keep Hang Seng battling 10,000
        312 14 HONGKONG Reuters HONGKONG'S Hang Seng Index is set to continue battling the 10,000-point level this week, torn between troubles in the region, Hongkong's own worries and bargainhunting at lower levels. The index lost 503.30 points, or 4.76 per cent, last week, but
        Reuters  -  312 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        8199 15 MOUSTYtALS C8MMMT pn^Ktt KM Last Val N«t Cap Mfk Law Company S* OOP L P/E_ Smii 310 WO A)inomoto 230 '5 14 24* 226 12.7 93.2 149 70 Angkasa 73.5 -L5 106 76 70 17 >08.4 290 123 160 2 28 163 160 4.7 64.0 388 190 Barjaya Land 298
        8,199 words
      • Article
        Lock icon A week of quiet trading ahead
        392 15 AFP n Composite Index -45J8 MALAYSIAN stocks are likely to trade sideways in the coming days after falling 7.3 per cent in the week to Friday, analysts said. "The market is likely to be quiet and moving in a tight range, with investors keeping
        AFP  -  392 words
    • WARRANTS & OPTIONS
      • Article
        Untitled
        3611 16 loans ft ■HH| 1998 Laat Vat mmk Laat 0«ata Jgt H*ft La* Stno Company lm *ar- COOP) HH» Law Imf* S*«w 233 9 m 3000 mAM0Bc5.5%*****6 13 11 13 12 11 13.5 203 8 3160 *Acar ******1 US$ 10 -15 10 10 10 10 11 95 S.5 3164 Acnrw *(*****4
        3,611 words
      • Article
        Stay away from George Kent wrts
        175 16  -  WARRANT WATCH -By R Sivanithy SOON-TO-EXPIRE warrants are an interesting breed, especially in this depressed market. This is because most would have underlying shares that have fallen below their exercise prices, thus making them worthless. However, they would typically offer fantastic gearing, which means
        175 words
    • Article
      CLOB INTERNATIONAL
      2342 16 Week ended May 8 j Of Of 199• Last V* WMk Last Ouott Mv DK YM NK M Cap Ht*h Lm Stno Campany S«t C000) High Lot Buyar M«r C*w M $m* 135 28 mi 5000 AISB50c 573 < 754 63 53 57J5 58 53 U 18 23.9
      2,342 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      6264 17 Wtfk ended M.r> 8 j Of Of m L t VW MM Laat Owtt 01* <*****•; *»g MN> Law SIMP C1—M9 I* COOP) WN> 1— 8nyor *—f CMr W Prtc moustmau 43 18.5 1020 ACE 0yna»nlcs60c.... 22 -2 633 23 21 21.5 22 03
      6,264 words
    • Article
      SESDAQ
      1093 17 Or Or H M UN Last VaI MM LaatQvata M Dk W DM Ca» Av« L— HMa Cll>»wy I* *h rOOO) L— Tar W» Cw E/I »1ca 134 H 2000 AMHM«i9c 17 *4 102 OS MS 96 42.4 94 243 70 a 2049 ASAutolOc V49 -23 2029 174 134
      1,093 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        Lock icon Untitled
        400 18 Source: Deutsche Morgan Gratell Research Source: JM Sassoon Sticks VrtMM Easyknit HKMk 54,976,000 •RHB Cap Wt99 32,276,000 'Rekapacific Bh 29,794,000 •Renong BM 50c 25,647,000 *M Resources 25,585,000 SmqTd 15c 25,385,000 STEngglOc 23,651,000 •MBf Capital 18.018,000 HKLandUSKk 17,278,000 •RHBCapBM 16,766,000 »Mfc» t SJA Foreign 139,092,203 MS Foreign 98,345,947 SPH 95,661,447 SingTel
        Source: Deutsche Morgan Gratell Research; Source: JM Sassoon  -  400 words
      • Article, Illustration
        HOT STOCK
        66 18  -  -by' Shiv Taneja COMFORT Group closed four and a half cents lower last Friday at 60 cents on a volume of 1.46 million shares, compared to a 10-day traded average of 209,500 shares. In the near term, there could be some buying interest in this counter, but in
        66 words
      • Article, Illustration
        Lock icon Market headed for repeat of January's troubles?
        703 18  -  THBWBBKAHBAD Presence of hedge funds, fear of yuan devaluation and bankruptcies unnerve market players By R Sivanithy AFTER the scares of last week, worried investors are faced with the question: are regional markets going to see a replay of January's woes? By all
        Chart into from Bridge  -  703 words
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      Page 9 Advertisements Column 1
      330 9 NOTICE IS HEREBY GIVEN that, I Koh Lian Hern of Blk 29 #11-69 Dover Road Singapore *****9, have applied for a First Class Public House Licence in respect of M/s Peking Music Lounge located at 13 Erskine Road, Singapore *****3, and that this application will be considered by the Liquors
      330 words
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      Page 9 Advertisements Column 2
      327 9 NOTICE IS HEREBY GIVEN that, I LIM SIAH KHIN of Blk 24, River Valley Close #10-26 Singapore *****5, have applied for a Beer House, First Class in respect of M/s Uncle Sam Gourmet Pte Ltd located at 63, Robinson Road, #01-01 A Afro Asia Bldg Singapore *****4, and that this
      327 words
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      Page 9 Advertisements Column 3
      344 9 NOTICE IS HEREBY GIVEN that, I Tiah Cheong Kwang of Apt Blk 337, Bukit Batok St. 34, #05-08 Singapore *****7, have applied for a First Class Beer House Licence in respect of M/s Tien Hong located at 922/924, Upper Bukit Timah Road 10 miles Singapore 2367, and that this application
      344 words
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      Page 9 Advertisements Column 4
      343 9 Telekom pro/it falling again, Pg 10 NOTICE IS HEREBY GIVEN that, I Ang Yeh Chong of Blk 114 Simei St 1 #11-614 Singapore *****4, have applied for a Public House 2nd Class Licence in respect of M/s Form Framework Pte Ltd located at 21 Tanjong Pagar Rd #01-01 Singapore *****4,
      343 words
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      22 13 FOUND SOMETHING? Locate its owner through Classification 821 (Found). t Simply call C.A.T.S. at 1800-737-1166 for this free service. Another Classified Service
      22 words
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      Page 13 Advertisements Column 2
      46 13 I toy' 0 > Or make your dream a reality with a piece of realty. Whether you'rfe in the market for a luxurious bungalow or an affordable apartment, you can find it easily in the Classified. Move on to the properties section, classifications 400 to 569. CA.TJ&
      46 words
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      40 16 a^er^ emei |o|* n Js£ ijfll ;jf ot f V bouquet of flowers J girlfriend. 'JußHffll f "V) Buying or selling through 'vTJhBK. I RK I V,ke/, t u The Straits Times Classified is child's play. call C.A.T.S. at 1800-737-1166.fi
      40 words
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      331 18 BUSINESS X()l i('CS lo advcrtisi' i;ill 1011-lm ISOO-7-+1 ISS3 NOTICE IS HEREBY GIVEN that, I Choy Lee Leng of Blk 7A Commonwealth Ave #15-660 Singapore *****7, have applied for a Public House, 2nd Class Licence in respect of M/s Five Foot Way located at 31 Pagoda Street Singapore *****0, and
      331 words
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      Page 18 Advertisements Column 2
      320 18 NOTICE IS HEREBY GIVEN that, I Cai Mei Zi of Apt Blk 8 Kim Tian Place #17-55 Singapore *****8, have applied for a Public House, First Class Licence in respect of M/s Yingfa International (S) Pte Ltd located at 160 Orchard Rd #81-02 Orchard Point Singapore *****2, and that this
      320 words
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      Page 18 Advertisements Column 3
      364 18 aim in (faU "TKtwtl iM'twiii it ii t«4iy Clitsifiri thii mkuL NOTICE IS HEREBY GIVEN that, I Ng Cheng. Hai of 303 Joo Chiat Place, Singapore *****3, have applied for a Wholesale Shop Licence in respect of M/s Ng Chye Mong Marketing Pte Ltd located at 4 Toh Tuck Link
      364 words
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      Page 18 Advertisements Column 4
      320 18 NOTICE IS HEREBY GIVEN that, I Mdm. Govindasaray Logamaial of Blk 281 Yishun St 22 #01-366 Singapore *****1, have applied for a Retail Beer Shop Licence in respect of M/s K. G. Pillay Traders located at Blk 287 Yishun St 22 #01-IK Singapore *****7, and that this application will be
      320 words
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  • SHIPPING TIMES
    • Article
      Lock icon SHIP SALES
      269 19 Contributed by Simpson DESPITE the various holidays worldwide there have been a number of sales. It is the dry bulk sector which has seen the most activity for a change. The capes ize Meridian Spica (146,000/86) is now said to have been committed to clients of Seacrest Shipping
      Contributed by Simpson  -  269 words
    • Article
      MARITIME STOCKS
      223 19 cwrewhUNn—-e.r» -04* i ChiiwHue —0v44S liActt n Coico kwistm«nt 0.75 -0.03 12 SSSr 1 HalSwHHp 0.33 *041 34 HMMZawi 04T* -0.00S 71 IMC IWHl—HK SAO Java HoMktps 0.455 unci) 3 Juranq Shipyard T.S5 *0.19 102 Kepp«Corp 344 -004 1922 KeppalFZLS 444 *0.04 343 KappelMarlne 1.48 unci) 18 UWITM
      223 words
    • Article
      ISM Code may result in 2-tier market, warns US
      470 19  -  Compliant ships will work in N America, Europe; unsafe ships will work in Asia, Africa, S America By] Marcus Hand [SINGAPORE] The US Coast Guard (USCG) has warned governments around the world that they should not allow the International Safety Management
      470 words
    • Article
      International Group stands firm at EC hearing
      214 19  -  From, David Hughes in London The International Group (IG) of P&I (protection and indemnity) clubs mounted a vigorous defence of its IG agreement which puts some limits on competition between clubs. It argued at an oral hearing before the European Commission's (EC) Competition
      214 words
    • Article, Illustration
      Britannia's final resting place
      47 19 [EDINBURGH, Scotland] The Royal Yacht Britannia arriving vtUttft Docks in Edinburgh to spend the remainder of her days under the shadow of The Britania left Portsmouth on her final journey to become a tourist attraction tnßdtkburgh after fierce competition from Glasgow and Manchester.
      47 words
    • Article
      Another cruise ship found wanting after major refit
      730 19  -  DOGKYARD By\ David Hughes PASSENGER ships and ferries have featured strongly in recent shiprepair news stories. Firstly another public relations disaster for Greek yards, and substantial loss for a UK-cruise operator, occurred when a second veteran ship was found wanting after a
      730 words
    • Article
      China will not release Petro Ranger captain
      498 19  -  Ship, captain will be detained till result of probe into theft of ship's cargo is known From George Joseph in Sydney THE Australian captain of the Malaysian-flagged tanker Petro Ranger has been allowed to be interviewed by Australian officials after what seemed to
      498 words
    • Article
      Lock icon Indonesia's war-risk rating to affect commodity trade
      346 19 Bridge News [SINGAPORE] The designation of Indonesia-bound ships as having "war risk" by a group of insurers will drive up the cost of commodity transportation by ship in brokers by* said. ■"The Wlr RiafcAatfng Comwhich rep£gafin&boththe Institute of London Underwriters (ILU) and Lloyd's
      Bridge News  -  346 words
    • Article, Illustration
      Lock icon Tanker safety in spotlight
      951 20 PREVEMTXNG MARITIME POU.UTXOM japan is tightening port state control and oil-spill prevention procedures and wants others to do the same Lloyd's Register ON JAN 2, 1997, the 26-year-old Russian-owned tanker Nakhodka broke into two sections some 100 km off the coast, in the Sea of Japan,'
      Lloyd's Register; Source: Lloyd's Register  -  951 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      317 20 PAGE ESPUms M Ad 9 EtMopiW 6 «M. I tWdnw ft Accord 8 Frwtde M AhrcnUH M F««($w AppcnsMp 5 Froti 15 AsiaOCl 15 FrtUnks tft Astro 3 su Austral 9 Goaurtrm Avmt <**** B'tangMas 0 UoryNw K BSA 7 HoBwHup 111 16
      317 words
    • Article
      SHIPPING GUIDE
      17459 28 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advarlrtar VriM* Voyaga Talapftona ETA ETA Advartliar Vatsai Voyaga 7itaphona SIN OMt'n Nama Nam# NumOaf NumBar SIN Dast'n Nama Nama NumDaf NumOar 17/05 24/04 TMM WAN MAI 215 *05! 65-220H44 iz V To BUENOS AIRES (BUE) 2060 1% AB4DJAN CABJ) 2003 Argentina hmjCossU&Vlvoire
      17,459 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        493 35 ¥twl Vt Nrtti Arrive Ptpartft JniM laftimili 1/94 JIT alongside n.05/0700 K>riati 4 0305* JO) itongsM 10.05/2300 CMriMfract 17 Jtt tonquH* H05/2300 Ma4l FaHz 19 J22 Htoquto H05/I400 MaKaa 160-Hw J06 itcAQsad* n.05/1500 h*l Jm« 05/94 Jtt atoaqsMa 11.05/0*00 Twos N Ta0594 J15 atonqsM* 11.05/1500 TataM! 05/94 J09
        493 words
      • Article
        CONTAINER SCHEDULES
        1348 35 RECEIVING OF EXPORT Fa CONTAINERS AND IXL CAMO IooUh/Mmc* tstis SMp Vty EWltr Nrt* Frm To Fim taM m VUOO M woo mmm taiSi au um u Moo ww jjjSj KVT70C n/<** VOW 1 1WOO WW vxoo i i 55S S 5&S Sgj jgjjj m SS 12/OMO 2
        1,348 words
      • Article
        GLOBAL HOLIDAYS
        175 35 Malaysia: Vesak Day. Singapore Vesak Day. Thailand: Vlsakha Bucha. Canada Victoria Day. Maytl Austria: Ascention Day. Belgium: Ascention Day. Denmark: Ascention Day. Finland: Ascention Day. France: Ascention Day. Germany: Ascention Day. Indonesia: Ascention Day. Luxembourg: Ascention Day. Netherlands: Ascention Day. Norway: Ascention Day. Sweden: Ascention Day. Switzerland: Ascention
        175 words
      • Article
        COCKETT BUNKER MARKET REPORT
        850 35 THIS npal. complied by CoctottltoiM QU Ltd, ihcnr* price range* in OS dollars inatead of tingle price* for more comprehensive de•crtpuon of the market Mm ibown aw bawd ■''■y'jg Mam. Market nmaaM an Indicated The Cockett Bunker Price Index change and the individual change* in the
        850 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        352 35 C«tM MO Mm nu M «A 0.11 123 0.06 kag SMtaaat hrtmOi 1 0 1 £22 =21—— —-3- MO Am MM 0J tt.4 0.0* 30 003 toe 300 Hn M OJ* 72 OjH M/W1 »«A «M m MM MIMMCSS 4 1 a 1 0 uji. Saacczs
        352 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Lock icon More airlines offering special reduced fares
        318 36 Sach deals, with certain restrictions, are used to fill seats daring slow periods Bloomberg [NEW YORK] US airlines have become skilful at offering periodic low fares and special deals designed to fill seats during slow periods. Foreign airlines have wasted little time following this
        Bloomberg  -  318 words
      • Article, Illustration
        Lock icon Chek Lap Kok opens to visitors
        67 36 [HONGKONG] Local visitors are led by a guide as they make the first tour of the departure terminal at Hongkong's new Chek Lap Kok airport yesterday. Groups inspected the US$2O billion (Ss32 billion) international airport for the first time, built as the region 's
        REUTERS  -  67 words
      • Article
        Lock icon China looks to foreign investment to expand airlines, airports
        230 36 AFX-Asia [BEIJING] A shortage of capital to fund the country's aviation growth has forced the Civil Aviation Administration of China to look to expanding foreign investment, the China Daily said. "We are considering the necessity of raising the ratio of foreign
        AFX-Asia  -  230 words
      • Article
        Lock icon India's Telco expected to report sharp fall in sales, profits
        296 36 AFP (BOMBAY] India's largest truck maker, Tata Engineering and Locomotive Co Ltd (Telco), will report a sharp fall in sales and profits for the year to March 1998, analysts said. Telco is expected to announce its financial results for the
        AFP  -  296 words
      • Article, Illustration
        Lock icon Japan Airlines slashes fares to US as price war breaks out
        450 36 Fares cut by almost half to match redactions by 3 US airlines Bloomberg [TOKYOJ Japan Airlines Co (JAL), Japan's largest airline, said it will cut fares by almost half between the US and Japan, after three US carriers said
        Bloomberg; FILE PHOTO  -  450 words
      • Article
        Lock icon Royal Jordanian to replace 5 jets with Airbuses
        178 36 AFP [AMMAN] Jordan's stateowned national airline, Royal Jordanian, has announced plans to replace five TriStar planes with Airbus aircraft in preparation for its privatisation. "We're talking about selling five TriStar planes and leasing four or five Airbus 310s or 320s a mixture
        AFP  -  178 words
      • Article
        Lock icon Northwest to announce Asian partner
        172 36 Bloomberg [ST PAUL, Minnesota] Northwest Airlines Corp said it will announce a new Asian airline partner tomorrow in New York. The St Paul-based carrier said in a press release that its chairman, Gary Wilson, would make the announcement along with the chairman of the airline's
        Bloomberg  -  172 words
      • Article
        Lock icon US car industry sales rise, boosted by discounts, demand for trucks
        447 36 Bloomberg [DETROIT] US auto industry sales rose 6.1 per cent last month, topping estimates, helped by demand for trucks and a new round of discounts. General Motors Corp said its April sales rose 8.2 per cent from the year-ago
        Bloomberg  -  447 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1257 36 arr rucw n* mcht rre wroo mm Amttrfm KL843 (MM RUM 2300 HatVai ***** 840 ***** MB $0343 0735 mm im mm m jl iM«Mi *m o» *m 2135 Aacklmd ****** 2050 ****** 2045 MtmMm ***** J700 $0978 0130 «2w_g» —tarn 2X5 mcwmm *w74i on **742
        1,257 words
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      16 19 Oil pollution in the spotlight Japan is tightening port state control, oil-spill prevention procedures. Page 2
      16 words
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      Page 19 Advertisements Column 2
      74 19 Japan Airbaes to slash fares to US Fares cut by almgst half to match 3 US airlines. Back P*#e 4d c; A+mmwtmd ft M '"fM A (MM V™ 7® t* mm §K m* a mr w MB fIP —f jv i Visa Freiyhi s Pte i The Global V-iiOn in
      74 words
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      1128 20 ■I IWnFT3ITTVnijT3¥TiHWVIiPI BWBH I NORTH AMERKSA I EXPORT I OTMtH OCSTtHATIOHS I asx-supCTBHUTTLEEXPREBS-pwECTTOiA m inner wwwce towmrteo*m*oom *M*ncwM* Mm atom msa vor row rreai ia om I cmc I «tTSnKoofT msa Iwt I Immzmmio I——lMlcmum u mimiiaj* ntmmo T7SI 7TZI —*7S« —km ——57S~"SiE m7ST~ HI amum hih u/m u/M M/M
      1,128 words
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      Page 20 Advertisements Column 2
      511 20 I Lines services represented Merrtws of the by Mamtoore the RagMry d Singapore Frertt Forvrerdars \gfSJW AocrediM Shipping Agents C ULMmJ Aaaooabon X»«Ly Singapore Shipping Aaaoatton Send out 48,000 sailing schedules around Asia. V22flr Place an ad in... SHIPPINGTIMES JurtUfctoik- his Um *****44 Jmoilmmq 140 2009 1 ■RSZV HNHHHNHBHMM EXPORT
      511 words
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      1085 21 TO EUROPE FROM EUROPE Ivtssa VOY SIN ITM AM HAM Mtv SOU FXT uiT VfSSEI VOT IT* A* HAM WV SOJ FIT UH SIN HTKOttAI 311W 11/05 29/05 JO/OS 02/0* 27/05 HTHKHHBS 4148 22/04 U/04 21/04 15/04 W/05 THAWS 54«W 14/05 M/M 03/06 04/06 01/06 MAAS 2171 19/04 21/04 24/04
      1,085 words
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      Page 21 Advertisements Column 2
      2023 21 (g) HANJIN SHIPPING HANJIN SHIPPING (S) PTI LTD l«p //wm. <«" *OOKtNC 32*023?237 SAtR *****74 731 KKUMHT 37*0771 774 OffUnONV 37*0741 757 MAUI UK *****55 MX 777WM CI 10 *****t*****M TO NW USA A CANADA USA CANADA* fM VSI/VOT MM SM IMINAM/VOT I***! nw 1 081 IPM 01 MSP PIT
      2,023 words
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      Page 21 Advertisements Column 3
      346 21 FULLY CONTAIMiIIiID PBPICATBP MIVKII I VESSEL VOY_ _SIN_ PKG VOT SRI HK6 KR USN WIS pM_ V?Y I SIR IKG IM/LI IMTC KEELUMG M2S 03/0S 05/05 002N 04/05 10/05 12/05 14/05 15/05 WftlP I {jSjj WNWSPW»B ,T7 _004S_ 04/ M IS/05 17/0S 10/05 20/05 OTIIING MS I 24/ OS I
      346 words
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      1412 22 MR-SENATOR UNES TO UK/CONTINENT TO RED SEA/MKDf liaUtANEAN/CANADA vtsm voy "ST" uh im iw mm iw m vttiti vot bi id m ih hi hi wi TBADf HAfIVEST WQBR MO6 ill 30 05 20 00 29 00 11 0* CHOYAHOWBKM **023 14 06 20 00 31 00 02 00 MOO
      1,412 words
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      Page 22 Advertisements Column 2
      1409 22 MY YML Internet W«b Sit* http: //www.yml.com.tw fs>*Ahk£H4iH fk'*: H E-«wM Addr—» c*<tip72o.yml.cofn.tw I wmar EV**Y thumoay/SUNOA^ VESSEL VOY I SM CUM AT* HAM FIT LEH AMR MING EAST JBIBW 11/05 28/05 30/05 31/05 02/06 MING SUN ABI9W 15/05 06/06 04/06 03/06 08/06 NORMANDIE BRIDGE JBI9W 17/05 03/06 05/06 06/06
      1,409 words
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      Page 22 Advertisements Column 3
      434 22 |»IJESSELTON LINE WBr J* TU< IMS4M MXi lII2II] MUARA LABUAN j rosu vor rt ra vkse vor n» n* SfOtl MUUA SfORI LJM inosra via/w io/os 13/05 inosm via/w io/os u/os Amootr via/* u/os if/os v«tcw«y via/* u/05 20/05 1 nova vix/w 20/05 23/05 J-nosm vi*/w 20/0$ m/os ATM GUWT
      434 words
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      Page 23 Advertisements Column 1
      1288 23 [VESSEL VOY SIN POU PKO PEN BLW SUR PUB BA BIK IRAN VAMDAT PJL 1284 21/05 30/0® IRAN TAKHTI PJL 1286 28/08 08/08 07/08 IRAN TEYFOURI PJL 1287 08/08 18/08 16/06 ACCEPTING CONTAINER/BREAK-BULK SHIPMENTS TO INLAND POINTS IN IRAN 8 CIS COUNTRIES I.E. AZARBAIJAN, ARMENIA. KAZAKHSTAN, UZBEKISTAN. TURKMENISTAN, KIRGISTAN. TAOZHIKISTAN
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      Page 23 Advertisements Column 2
      1741 23 DIRECT J I TO SHANGHAI XIHGAHcj I SINGAPORE'S GENERAL AGENTS: 6 SHENTON WAY 111: 226 1900 FAX: *****00 OUTWARD (l/l) T"ToSOOrTSSSwBr™™' I^™™l,l COSTAR SNIFFING PTI LTD *17-08 DBSBIDG SAUS/IKGS 4305«4i/43 INWARD DEFT (D/O> *****85 COSTAR AGENCIES (M) SDN MD |(I MO: **********0)1 TOWEI TWO (******) CWMNNOgL *****50/55 T/SHTWT PgFT *****25
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      Page 23 Advertisements Column 3
      546 23 I'lirsn EASTERN CAR UNER, LTD/^ftSfr i t Ea (SINGAPORE) PTI lIP 1 STKIAUZI IN BOKO 4 MAW UTT UTTO|« TONS ECI (SIR6AFOK) PTE UD LOADING FOR PORT KLANG/KUCHING/KOTA KINABALU LONG BEACH TACOMA/ VANCOUVER MVSUN DANCE" V.37 MV "SUN DANa" V.37 ETA SN 07/05/98 ETA PKL 06/05/98 EUSN 07/05/98 ETA LONG
      546 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      1185 24 MH 'W'y J EUROPtAJK/BCANO<HAVIA/ytNiAMD<HUMIA r«ff R(jM ANW HBG THP ZEE LMV my THf ROM ANW NRG PKL I BGP I E.RMIIAT INMII 17*6 IMt 1W KM NM OMI 1M E. GROUP RE-166 16*4 21*4 20*4 VU* 24*4 16*6 E.OWOTEfIW-061 24/96 ,IJ*6 17/ M IS*6 15/06 16*6 17*6 I. GLAMOUR RE-065
      1,185 words
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      Page 24 Advertisements Column 2
      718 24 MW COWTR UMBB, INC JESSo ISJaS!S BANOKOK:m 7 2M4687 »KB-AHO:t»HaMtn JCIt (M) *****7 MPN: (81) 8448Q KUCMMQ (082)*****1-3 MANILA OINOA/BARCILONA/LE HARvT MV "MMmtMUfIT VIO9N MV "MSC ROSSEUA" V.9818-3 ETA SIN: 15-05-98 ETA SIN: 16-05-98 AUCKLAND MV -MSC ROSSELLA" V.9818-3 MV "PEOVIDfir V.O2S ETA SIN: 16-05-98 ETA SIN: 17-05-98 SYDNEY/MELBOURNE BOMBAY
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      Page 24 Advertisements Column 3
      308 24 /CZ NANTAI LINE FUUY CONTAINERISED SERVICE TO MAURITIUS/SOUTH AFRICA ygsa vor mi m w gr »/nT MjRMQKBI M27S li/OS K/W ff/OS 02/N OVU mWUMMOM toots 7K/K 02/H Ot/tt U/N jjjWMjgg *022S 31/05 IV» lin MWUVBIUS MPS Um MM fl/M KM HM &OLDCW CXU&OW MOSS lSflt 2VM BAt OM7 tmniouffli twos
      308 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      394 25 BSA n.l Mtmm, MYANMA FIVE STAR LINE (Myonmar National Una) Loading lor Yangon (Rangoon) VtSSII VOY SIM KG KN PCU MERGUI 143W SID (AGO 102W 15/05 MALAYSIA AGENTS: KXJSTEAD SHIPPING AGENCIES KIH: m 02-03-*****00 PKL TH 02-03-*****01 Ptlfc IE 02-04-*****02 PGD: TEL 02-07-*****21/4 BANK LINE (A Mfvict of /Udrtw W«ir
      394 words
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      Page 25 Advertisements Column 2
      1214 25 IA HYUNDAI MERCHANT MARINE CO. LTD. IVBSB WYI SOU I UH RTM I AW I NAM I RRV HY FIDfRAi 311W 11/05 27/05 20/05 30/05 02/04 BAAS 304(24/04 25/04 14/04 11/ M 12/05 Ks slow 14/05 01/04 M/ 06 03/06 04/04 AWANDME *****0/04 25/04 22/04 23/04 14/05 MO5& 520W 15/05
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      Page 25 Advertisements Column 3
      816 25 UK '■UMMB*'" wottami ouocemen ©§@(3® TO NORTH AND LATIN AMERICA to#o MUVYUn fviSStt I VOY RAMP MIGHT 91 UX CM. «U SAV Ml OOtF «T< |MW M larar wmr ~ai~ iw H7#r w "H7ir U7H" TJ7ir i77ir tsjw W7ir W7ir TEXAS fill 4001 m i» 10/05 15/00 04/07 07/07 09/07
      816 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      647 26 MIOKOIt/IAH I J*KAWT*/>AHJAWa VESSEL VOY SIN BKK LCH VESSEL VOY SIN JKT PJH KITIBHUM" 53N 12/06 18AM ACX JAOCO 20S In Pt 14/06 BAHIBHUM 97N 12/08 18/06 15/06 DCJA BHUM 747S 12/06 18/06 14/06 SINO OCEAN OCNQ77 13/05 16/06 MATHU BHUM ***** 14/06 18/06 XETHA BHUM 232N 13/06 17/05 MATHU
      647 words
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      Page 26 Advertisements Column 2
      408 26 BINTANG MAS SHIPPING PTE. LTD. 36 NEIL ROAD, SINGAPORE 0206 TEL *****68 FAX: *****64 ■Cj TLX: R*****6 SJNMER CR No: *****M000QW R*c«Mng Cargo at PTt Blntulu I I Muara I vtssa voy stw m WS& m M W I lite VNOtf 1516/05 21/95 V*o7f 1314/D5 11/J5 IStm VMIIX 21 72/05
      408 words
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      Page 26 Advertisements Column 3
      740 26 1 /ICCORD A SHIPPING PTE LTD S±M Til *****13 (40 Un«s) FAX *****30 KMT BAM t f&M/WI gg DIRECT ACCISS Til: *****5S (IXPORT ROOKING) MVMM I (U) Ml 1177 *****34 (KXRONT DOC), *****39 (IMPOST) MM I M»M POW fit tw PORT 5 SIM PORT W SIM PORT IU SI (FAR
      740 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      370 27 INPONEsiANATIONAniN^n TO EUROPE EXPRESS SEMI-CONTAINERISED SERVICE m VOY O*M IM lURO IMIIHK* I *MTWf RP VESSEL 45W8 22/06 Z706 OMIT 2/7 TO AUSTRALIA 1 RJU CONTMNBI SERVICE a Iwy wk| std| mal hm| mlm HI MOT VKS 14f161M8 VM JMS OtM MM I7M WItMBMIO VrS" 2MB 2MB JVB OM MM
      370 words
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      Page 27 Advertisements Column 2
      809 27 PACIFIC INTERNATIONAL LINES (PTE) LTD 1 I aI B jBS J ST 140 Cecil Street, #03-00 PIL Building, Singapore *****0. I I SSS9V CR NO: **********06 Pm sin STD Mil M M EKi w| KOTAPtHTAMA PUMPS M/S 25/5 17/5 WS 1/4 1/6 OOCI ACCLAIM 5T3U75 17/5 21/5 30/j W4 j
      809 words
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      Page 27 Advertisements Column 3
      870 27 VEBBCLB I VOY rg j JED I MU I IfH I HAM I THP HTM jg VRLEQEVCLA N23W 11/06 jttgß 2M6 31/06 01/06 I OMB <WO6 OBKB VRIEO6 OQBNA H29W 22/06 31/06 06/06 I<yQ6 11/06 Ittßß ttg VKXEP-OWON Y2SW 2M6 0400 09/06 14*» WO6 17/06 IBW6 16*06 VRlg DC HBMOSA
      870 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      75 29 Snffc Dial 740-6000 on demand (Retrieve more schedules!) J SldFi Press "1": 40T?3jOi*: rjtV Select the port and key in STBCI the four digit code eg: To New York (NYC) 2275 V Kiev in your fax number 3 J hi, ooadiho if* a \*oniAe aetawjtau* *ti i 3a«qq rf- j
      75 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      815 32 SAMUDERA SHIPPING LINE LTD 15 McCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE *****5 TEL: *****81-3 FAX: *****08 (OUTWARD) *****69 (INWARD) TLX: R*****0 CR NO. **********00 IOOKIIIOS CAL IDI RE CTUN E: *****41 /43 J E SSIC C ELI A/MEICHAN 7 SLGS/WEEK 2 SLG/WEEK VOY BIN JAK f** 35*= W-inpt —W(sunt j®"**
      815 words
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      Page 32 Advertisements Column 2
      599 32 \*o*m ENG LEE SHIPPING CO PTE UDI I Tab SUNTItt Um| fni iUHII/SIUHI I oi «*i lMiMinin VESSEL VOY SIN Ett SIN ETD DESTINATION Kosmalawah 07/98 09/05 11/05 Poiembona/Huolo lung kal Dm Dcyo 07/98 09/05 11/05 Pwwonfl/PBaru/Buofon Sim Control 06/98 10/05 11/05 PwwwVßoofcn/PBofu Marco Polo 17 09/98 10/05 11/05 Perowng
      599 words
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      Page 32 Advertisements Column 3
      924 32 Singapore Soviet Shipping ttNICo. Pte. Ltd. >),) CR NO: **********0N BOMBAY [vessel voy I sin I bom pno pkl KOTARATU RTUOOS 15/06 23/08 04AM 06AM ORIENT AISHWARYA 113N 23AM 01/00 12AM 14AM KOTA RUKUN RKNOO2 30AM 07AM 10AM 21AM KOTARATU RTUOIO OOAM 14AM 2SAM 2SAM ORIENT AISHWARYA 114N ISAM 23AM
      924 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      1057 33 i ASIA MEDITERRANEAN EXPRESS (AME) WESTBOUND SERVICIj' I vessel VOY SIN PIR GOA I VIC I LIH ANK I FXT MSC ROSS ELLA ***** 19 MAY 0' JUN Q3 JUN SMI -OZJUN| ISRI I MSCALEXA 9819-3 21 MAY 03 JUN 05JUN 07JUN 10JUN 11 JUN 12JUN I MSC KERRY 9820-3
      1,057 words
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      Page 33 Advertisements Column 2
      1722 33 IvKsa/voug tfoti MU mi MMI ux SflM sou rtm ham uh stoh kok naqoya smmbm raw NYK AHOROMEDA 031MA19 140$ JOM OIM 010* o*.o* NTV VISA IWII 1104 KM 21.04 2$M 1105 110$ 19M 7105 21M NYKAUM 21KM20 21M MM MM MM 110* HYI CASTOR 021A17 JlO4 27M I9M OIM
      1,722 words
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  • Page 34 Advertisements
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      Page 34 Advertisements Column 1
      501 34 Q IVESSE^^^VO^^SIN^ WAA SIN I TIGER BRIDGE 625N 12-13/05 18-21/05 26-27/05 TIIGER WAVE 626N 17-iaos 22 25,05 30-31/05 TIGER BAY 627N 21-22/05 26-29/05 02 03/06 TIGER ISLAND 628N 23-24/05 29-01/06 06-07/06 I TIGER BRIDGE 629N 26-27/05 01 04/06 09-10/06 I TIGER WAVE 630N 30-31/05 05-08/06 13-14/06 IVESSEL^^^VO^^^SI^^CA^^SIJ*| XPRESS SPORE 259
      501 words
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      Page 34 Advertisements Column 2
      777 34 FREIGHT LINKS EXPRESS $2 Toh Guan Road, Singapora *****1 Tel: *****66 (Q0 Lines) Fax: *****33 E-mail flesin@ahgnet.com.sg COMBINATION SIRVICt TO TNI FOLLOWING PORTS toIAM+MAI (SNA), ISTANBUL (IST), ALEXANDRIA (MY), CIBU (CIB), Mill •UDANO (ROO) VESSEL ETO SIN HA SHA ITA POU HA CEB HA IST ETA ALT APL ALMANMNI V.SOII
      777 words
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      Page 34 Advertisements Column 3
      1037 34 _l IQOCI (Siooopore) Pte Ltd CFS Kappel Dittrpk hrkttkky 179 Amm Rm4 #21-04 (S) *****4 MSI3MM2I t mqnky f j Jff Mft I CI NO *****7M000M U 777 7*77 <******90 MOini AHiiICA •wy CAMAOA O AWTtAUA f TO USA I9| LGI I -Ofl I -MtM I -WYC J-HO4I OUTIOUHP SGf
      1,037 words
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  • Page 35 Miscellaneous
    • Miscellaneous
      Page 35 Miscellaneous Column 1
      124 35 H UGCNO: R Thundorstorm Tomporoturo c A Shower Woothor —,X Wind direction with spood in knot* Rom U Cloudy Sky Wov h *B ht Sorteo wm* oro mdicotod by orrows wfiicfi fly wit* tfco wind O Onohji or do roprosonts cofcn or light and vonobio wind* Hocho roproMnti 5 knots
      124 words
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